A bill to establish a regulatory sandbox program under which agencies may provide waivers of agency rules and guidance, and for other purposes.

Senate Bill

S. 3998

119th Congress

A bill to establish a regulatory sandbox program under which agencies may provide waivers of agency rules and guidance, and for other purposes.

In Committee

Introduced:Mar 5, 2026

Primary Sponsor

Mike Lee

R - UT

Cosponsors

0

Quick Stats

Summary

This bill would create a 'regulatory sandbox' program allowing federal agencies to temporarily waive rules and regulations for businesses and organizations testing innovative products, services, or business models. Think of it as a safe testing ground where companies can experiment with new ideas without facing the full burden of federal regulations, similar to how financial technology startups have operated in some states.

Latest Action

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Introduced3/5/2026

StatusRead twice and referred to the Committee on Homeland Security and Governmental Affairs.

ChamberSenate

Data from Congress.gov

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Vote Prediction

A bill to establish a regulatory sandbox program under which agencies may provide waivers of agency rules and guidance, and for other purposes.

This bill would create a 'regulatory sandbox' program allowing federal agencies to temporarily waive rules and regulations for businesses and organizations testing innovative products, services, or business models. Think of it as a safe testing ground where co

Community Breakdown

Pass

0%

Fail

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0 predictions

This bill would create a 'regulatory sandbox' program allowing federal agencies to temporarily waive rules and regulations for businesses and organizations testing innovative products, services, or business models. Think of it as a safe testing ground where companies can experiment with new ideas without facing the full burden of federal regulations, similar to how financial technology startups have operated in some states.

Bill Number: 3998
Introduced: 3/5/2026
Status: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Data from Congress.gov

AI-generated summary

Fact Sheet

Title: A bill to establish a regulatory sandbox program under which agencies may provide waivers of agency rules and guidance, and for other purposes.
Bill Number: 3998
Sponsor: No sponsor
Status: Read twice and referred to the Committee on Homeland Security and Governmental Affairs.
Introduced: 3/5/2026
Summary: This bill would create a 'regulatory sandbox' program allowing federal agencies to temporarily waive rules and regulations for businesses and organizations testing innovative products, services, or business models. Think of it as a safe testing ground where companies can experiment with new ideas wi

Data from Congress.gov

AI Summary

Plain-English explanation of this bill

This bill would create a 'regulatory sandbox' program allowing federal agencies to temporarily waive rules and regulations for businesses and organizations testing innovative products, services, or business models. Think of it as a safe testing ground where companies can experiment with new ideas without facing the full burden of federal regulations, similar to how financial technology startups have operated in some states.

Last updated: 3/7/2026

Key Points

Main provisions of the bill

Creates a framework for federal agencies to grant temporary exemptions from regulations to allow controlled testing of innovations
Aims to reduce regulatory barriers that may slow down or prevent new technologies, business models, and services from reaching the market
Could affect multiple sectors including technology, healthcare, finance, and energy where innovation often conflicts with existing rules
Modeled after 'sandbox' programs used in various states and countries to encourage fintech and other innovations while managing consumer protection risks
Currently has no cosponsors and remains in the early committee stage, indicating uncertain prospects for advancement

How This Impacts Americans

Potential effects on citizens and communities

This bill would primarily benefit startups, entrepreneurs, and established companies looking to test new products or services that don't fit neatly into existing regulatory frameworks. Consumers could see faster access to innovative products and services, though the temporary exemptions from regulations could raise questions about safety and consumer protections during testing periods. The actual impact would depend heavily on how agencies implement the sandbox program and what safeguards they put in place.

Policy Areas

No policy areas assigned yet.

Scope & Jurisdiction

Jurisdiction Level

federal

Congressional Session

119th Congress

Citation Reference

3998, 119th Congress (2026). "A bill to establish a regulatory sandbox program under which agencies may provide waivers of agency rules and guidance, and for other purposes.". Source: Voter's Right Platform. https://votersright.org/bills/119-s-3998

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